New Delhi: A question mark is hanging on whether SpiceJet will be able to fly in New Year or not.
A senior official said state-run Airports Authority of India (AAI) has asked the low cost carrier (LCC) to clear its dues of Rs 200 crore by Wednesday, failing it could be put on cash-and-carry mode, which means it would not be given credit and be required to pay upfront for operating flights.
The ministry, which had asked AAI not to put SpiceJet on cash-and-carry by the year-end will take a final call on this issue on Wednesday. Aviation minister Ashok Gajapathi Raju Pusapati also sounded a cautionary note for the airline on Tuesday. "The government is here to be helpful and it can be helpful but the SpiceJet's problem is its finances which it will have to sort out," he told reporters. The LCC has extended flight cancellations till next month, affecting at least 3,450 flights in Janauary (115 flights daily), which include mostly domestic flights and a few international ones to Nepal and Afghanistan. It had cancelled about 1,800 flights till December 31.
31/12/14 Times of India
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A senior official said state-run Airports Authority of India (AAI) has asked the low cost carrier (LCC) to clear its dues of Rs 200 crore by Wednesday, failing it could be put on cash-and-carry mode, which means it would not be given credit and be required to pay upfront for operating flights.
The ministry, which had asked AAI not to put SpiceJet on cash-and-carry by the year-end will take a final call on this issue on Wednesday. Aviation minister Ashok Gajapathi Raju Pusapati also sounded a cautionary note for the airline on Tuesday. "The government is here to be helpful and it can be helpful but the SpiceJet's problem is its finances which it will have to sort out," he told reporters. The LCC has extended flight cancellations till next month, affecting at least 3,450 flights in Janauary (115 flights daily), which include mostly domestic flights and a few international ones to Nepal and Afghanistan. It had cancelled about 1,800 flights till December 31.
31/12/14 Times of India
